The Best Second Chance Banks in Wyoming

If you recently applied for a checking account and were denied because of a negative banking history, you’re not alone. Approximately 85% of banks in Wyoming use a company called ChexSystems when you apply for a new checking account. If you have experienced several overdraft checks from another bank or have been unable to pay overdraft fees, ChexSystems will flag that behavior making it next to impossible to find a bank willing to work with you.

Granted, ChexSystems is the safety net for bank institutions to weed out people who have committed fraud or identity theft, but if you get caught in the net it can be crippling. And most of us absolutely require the use of a bank checking account to manage our money, pay bills, and receive direct deposits from an employer or government agency.

Fortunately, some banks and credit unions offer so-called No ChexSystems Checking Accounts and/or Second Chance Checking Accounts to help people rebuild their credit and financial histories. Our job at checkingexpert.com is to find those institutions in Wyoming that can assist you.

The Best Second Chance Banks of 2020

BBVA Online Checking | Our Top Pick

BBVA Online Checking is our hands-down winner for the best second chance bank account for residents of Wyoming. They have the strongest offering of any of our recommendations. No hidden fees, no monthly minimums, and no monthly charges. BBVA uses EWS to screen applicants instead of ChexSystems, so it’s easy to get approved and takes about 3 minutes. Plus, their smartphone app and online tools are the best we’ve reviewed.

Why do we recommend BBVA Online Checking so highly? If you’ve got poor credit or find yourself on ChexSystems, BBVA will approve you for an account.

NO monthly fees or service charges

NO monthly account balance minimums

NO fees at over 64,000 Allpoint® and BBVA ATMs worldwide

FREE online banking, bill pay, and mobile deposits

FREE unlimited check writing

FREE Visa® debit card

Open with as little as $25

It’s simple to apply. The BBVA website is simple and easy to interact with. There is a $25 minimum deposit required to open an account. You’re online approval is immediate. BBVA is one of the most friendly banks for those who need a second chance at a checking account. The entire process from start to finish takes about 3 minutes.

Your BBVA Visa Debit Card allows you access to all BBVA ATMs and Allpoint ATMs. Allpoint ATMs can be found at these retailers and many more:

Our runner up is Chime Bank and is another great checking account option. Chime doesn’t perform ChexSystems background checks and the account comes with lots of perks, including a debit card and transaction alerts, which allow you to track how much you’re spending and what your balance is throughout the day. It’s free to open an account and there’s no monthly maintenance fee or other hidden fees.

Another perk that makes this account stand out is that if you use direct deposit for paychecks from your employer, you can access that money two days sooner than you could with many other banks.

Though Chime doesn’t offer paper checks, users can still send checks to anywhere in the U.S. using the bank’s mobile app — which can also be used for making check deposits on the go.Open a Chime Bank account today!